Should You Throw It Into Reverse

Reblogger
Real Estate Agent with Keller Williams Capital Partners Realty 277320

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Original content by Bob "RealMan" Timm

I saw a article in AARP about a lawsuit against the largest reverse mortgage lender, now settled, and I am wondering if you were aware of the lawsuit?

I am in the age group that a reverse mortgage appeals to most. I have thought about it myself... but I stop when I think about how the reverse mortgage may affect my children. There is a good chance my son Timmothy may want to stay in this house many years after Carol and I pass on.

Frankly I don't think the lawsuit is a big a deal and the court must not have either or the fine would have been a lot more than $1.3 million dollars.

My take on this is I would not rule out doing business with this company due to the suit. As always it's "buyer beware". I know what my home is worth and if I thought someone was exaggerating the value I'd do my due diligence to find the truth.

WARD COUNTY NOTARY SERVICES

ROBERT L. TIMM, OWNER

201 Main Street South, Suite 116

 Minot North Dakota 58701

Bob Timm,  Facebook

Call or text 701-720-8513

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